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Commercial Metals Company

Commercial Metals Company
Public company
Traded as CMC
S&P 400 Component
Industry Metals
Founded 1915
Headquarters Irving, Texas, United States
Key people
Joseph Alvarado, President & Chairman of the Board & CEO
Products Steel
Production output
3.9 million tons of steel (2016)
Revenue DecreaseUS$4.610 billion (FY 2016)
DecreaseUS$72.543 million (FY 2016)
DecreaseUS$54.762 million (FY 2016)
Total assets DecreaseUS$3.130 billion (FY 2016)
Total equity DecreaseUS$1.367 billion (FY 2016)
Number of employees
8,388 (August 31, 2016)
Website www.cmc.com

Commercial Metals Company is a steel and metal manufacturer based in based in Irving, Texas.

The company owns steel minimills in Alabama, Arizona, Arkansas, South Carolina, Texas, and Poland and recycling facilities around the world.

In its fiscal year 2016, the company shipped 2.630 million tons of steel from its American mills and 1.254 million tons of steel from its mill in Poland.

The U.S. mills have 2.8 million tons of capacity and the Polish mill has 1.3 million tons of capacity.

The company was founded in 1915 by Jacob Feldman as a scrap trading company.

In 1994, the company acquired Owen Steel Company in an $87 million transaction.

In 2002, the company sold the heavy structural fabrication assets of SMI-Owen Steel, resulting in $20 million of proceeds.

In 2011, Carl Icahn offered to buy the company for $15 per share.


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